VeChain Introduced Blockchain-Enabled Sustainability Solution for Businesses

The VeChain Foundation Partners With Cyprus’ Grant Thornton
The VeChain Foundation Partners With Cyprus’ Grant Thornton

VeChain, a blockchain project that describes itself as “a leading enterprise friendly blockchain company,” has launched what it calls a “blockchain-enabled sustainability solution,” according to a press release from the group.

The goal here is to make it so companies like Nike and Amazon, which are already focusing on sustainability, can do so easier with blockchain technology.

This platform is built on the Blockchain-as-a-Service platform on VeChain, which “offers customizable tools and whitelabel services,” ensuring companies can employ them by themselves.

It also provides the following benefits:

  • Immutable Proof for Green Supply Chain
  • Transparency and Consistency of Information
  • Trust and Confidence between Consumers and Brands
  • New Business Value by Accessing Professional Services

The press release continues, stating:

“As the world’s leading enterprise-friendly blockchain platform, VeChain shares the vision with enterprises to a future of green business, and has accumulated know-how and refined technology in proven cases in numerous business sectors. Joining hands with its strategic partners such as PwC and DNV GL, VeChain aims to bring blockchain technology to businesses in every sector.”

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Cryptocurrency and games writer. Looking to the future by studying how these two industries can blend.